Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
This is the problem, Is there enough time to harvest and get the cash to pay off enough debt. Very risky time. So far GLDFF Canadian grow is the best we have to grow immediate cash crop. We sell CBD products but that is not going to be enough.I see GLDFF with $12 million + $7 million from new funds but then a 4th Qt and 1st Qt loss until we can make it to profits in the 2nd half of 2019. Does the merger help us or not?
There still is a lot of due diligence to be done.I do believe that GLDFF is more inclined to want the deal to happen if the #s are ok. The biggest problem is the debt issue. Is there enough capital in hand or left on a credit line to get to where harvests are ready to produce cash?
Because it stops banks from lending and it is taxed on the gross and not after operating expenses.
Absolutely. My post was that at a point in the past pot was enjoyed by many and listening to Cheech and Chong while stoned was fun. They were one of the 1st artists to offer this type of humor. Firesign theater was another favorite record to listen to.
I'm not anti recreational pot. Pot is not addicting. I know that 1st hand. Its Mitch McConnell you have to get on board. Once that happens its a slam dunk. I'm past using any pot but for others it should be their choice!
You need to purchase a Cheech and Chong CD.
I have plenty! If all the assets could produce up to expectations and start doing so asap it would help build a little confidence that possible the debt could get under control. So far both companies are operating in the RED. TRTC has assets but not all are operating on all 4 cylinders. GLDFF still needs to get Tahoe approved. A lot of open ended issues. Legal recreational pot is still a ways off and is not going to be a factor in the short run. If it could it is a game changer for sure.Ship product anywhere and get fair tax treatment from the FED. Can both companies get over the next six months and can management do right by the shareholders and let us see our investment actually prosper?
The CFO of GLDFF did confirm yesterday to me that they are aware of challenging issues that they and their legal council are looking into. They also see the upside of the information as posted that would create a very strong entity. Both companies lose money every Qt. TRTC also has an additional $8 million due Dominion by Mid Feb. of which they are aware of. 4th Qt 10Q results for both companies will help in their determination of whether this deal can go forward. It was also restated that the LOI is non-binding. They will continue to due the research and see if it works! For now it would be nice to see both share prices rise and get an upward momentum for all who have invested in either company.
I had smoked pot daily for about 45 years. Never caused me any problems and the only reason I stopped was I had developed Stage 4 throat cancer because of the HPV virus. Required 7 weeks of radiation and Chemo treatment but stage 4 in that location is not necessarily terminal. When I stopped I had absolutely no withdrawal issues. I stopped and that was it. I do not need it at this point so I never have gone back to it.It is a lot better than having an alcohol or opiate addition.
I have this thanks. I have prepared a letter and a complete outline of the frauds by management that I am sending to Craig Eastwood. I am also letting him know I will engage a Toronto Law Firm to represent us regarding the CSE application filing. Needs to be done now not later.
No time today. Need to focus on the CSE issue.
As shareholders there are appropriate steps now that need to be taken. Providing information now to the CSE is the 1st priority of shareholders. A vote means we waited too late to take the appropriate action.
These current shareholder accounts are about prior companies run by current members of the TRTC management team that pertained to fraud and or wipeout of shareholder equity
Recently shareholders who had 1st hand accounts of fraud and information concerning losses suffered by TRTC Shareholders have posted their information. Any additional information would be helpful. I have contacted the CSE for the correct contact person to forward these accounts to. Also I have contacted a Toronto Law Firm who can represent us in presenting this information correctly to the CSE. I will also sent this info to our CFO and let him know we will present this info to the CSE.
This can't be good for the shareholders of GLDFF. Another layer of corporate deceit.
Regarding this information. I have contacted the CSE for a contact person so information can be provided about fraud and shareholder losses by current TRTC management. I have also contacted a Toronto Law firm that specializes in Securities who can help up with the presentation of information to the CSE. There are other accounts that collaborate this information. If other shareholders also have information please post. Although the SEC was not helpful when you contacted them you can seek criminal prosecution under the RICO Act. Very easy to contact law enforcement in the jurisdition the fraud was committed to see how to proceed. I will also forward to the CFO of GLDFF today this and other accounts and let them know the shareholders will act on this information.
From the CSE once we complete our report
I received your info. Here is what is important. The fact that the SEC did not do their job is irrelevant. What the CSE would want to know is Did any shareholders in any current or former company suffer a financial loss attributable to a current member of the TRTC management team. No convictions or charges are required.This info would be forwarded independently by us to be included for consideration regarding the application of TRTC's application to be listed on the CSE. Along with other examples there is more than enough information to justify a denial to list on the CSE.
The Canadian Stock Exchange will deny a company the right to list if management members have been involved in fraud that resulted in shareholder losses. I take it this would qualify as a case in point!
Now this I will copy and read in its entirety Thanks for the hard work putting this together!
I think doing a merger is a lot like getting a girl in the sack. You have to at least sweet talk her a little and give her a little peck on the cheek! It takes a little time and effort but in the long run if the relationship is going to work its worth putting a little time into the courtship. Same here except here its our $12 million you want. Can't you slow down a little and do a slow dance?
GLDFF has every right to look at an opportunity without checking with the board of directors and the shareholders. This is at the initial stage and the LOI states that discovery will commence. Nothing is binding everyone will have a chance to look at the final results. Why are you in so much of a hurry? Could it be within 90 days TRTC has to come up with a Notes Payable payment of $ 8 million? I think so!
Who does due diligence before they sign a non-binding LOI. The LOI clearly points out the process including due diligence that will commence upon signing. So to answer your question they did not. I am sure they now have a plethora of information to examine thanks to former TRTC shareholders.
I can have input if I do it right and have respect for their time. I do not think this will require a vote. Due diligence will see to that.
The company continues its daily work regardless of this merger.They do not try to effect the share price one way or another. They are focused on doing a great job for their shareholders. I do not work for the company. This is a labor of love!
No need to create a formula. The comparison is not company to company. The analysis is what occurred for each company individually. Other then driving your share price up with cheap purchases most of the volume for TRTC was in the 1.28-1.32 range. Not much support for higher prices. GLDFF had normal purchases all day 5,000 10,000 and greater. Price is on the decline but that is a result of former TRTC shareholders selling off because they do not ever want to be involved with TRTC again. Tomorrow it will be interesting to see if anyone steps up buys 20,000 shares at 1.40
If you say so.Fortunately you have no say. The longer this goes on the more dirt comes out about TRTC. Too many past shareholders more than willing to share what they know first hand. They are doing it for free!
Have you have seen all of the posts detailing the past history of your management team that absolutely will result in TRTC not qualifying to list on the CSE? If not I will contact a former TRTC shareholder have them them posted again for you.
I can give two reasons! Your management team and your Toxic Debt It is just not worth the risk to get involved with this. There are much better partners out there. There are others out there our management team is aware of. This was just an unfortunate mistake but fortunately the LOI is Non-Binding and You have to be able to list on the CSE. Your management team will never be able to make that happen. Even a new team does't make it worthwhile to get involved.
I think the investigation by the CSE will accomplish that. The problem I have is all the toxic debt TRTC has. Even with a change in management its not worth the risk. GLDFF needs to go it alone or find a mor suitable partner.
Not in this case. Why? Too many of our shareholders had a terrible experience when they were shareholders of TRTC and now that fear has caused some to sell off. Our stock price has only gone down because of the merger it has not gotten better because of it. GLDFF has a great business plan and the merger is the only negative event that has had an adverse effect on SP. The due diligence and CSE due diligence will take 3-4 months. If TRTC can survive and not have any issues with creditors perhaps a merger happens. I do think that the CSE will have real issues with your management team and that will be a deal killer. Just have to wait and see. For the present time I am able to respond to the posts and negate the misinformation and so will others.
Unfortunately nothing has changed in this merger since it was first announced. Saying so doesn't make it so. 1- 4th QT 10Q will come before any merger could be complete. 2- TRTC management team issues will not get past the CSE review. 3- LOI is non-binding. You are assuming a lot. Its all about a narrative but it doesn't sell. Keep pitching though its some job!
99 % of the volume traded in the 1.28-1.32 range. Now tomorrow when someone want to sell 10000 shares at 1.40 it will be interesting to see if there are any buyers.
GLDFF is supposed to be gone via a merger. Why would investors buy 700,000 shares today. TRTC had 535,000 volume with most of that volume at 1.28-1.32 range. Only late did all the small purchases drive up price. Nothing new to OTC.
All of the last 10 trades for TRTC were 100-400
The management team is the problem nothing else that I know of. That is where the deal ends. I hope TRTC gets to the finish line. Just not with GLDFF that's all.
The last 10 buys for GLDFF were 2-over 10,000, 1-7500 2 over 6000 2 -2000 1-1000 2 400 Lots of interest for a stock that is supposedly being taken over.
I do I see mostly very small buys. Doesn't matter, you are doing your best to buy up shares and that's what you should be doing.
Under 400,000 IF IT WERE 5 million that would certainly show support one way or another.
The OTC shows all trades 100-300 Just pumping the price!